For the quarter ended December 2024, TPG RE Finance Belief (TRTX) reported income of $34.74 million, up 10.3% over the identical interval final 12 months. EPS got here in at $0.10, in comparison with -$2.05 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $39.48 million, representing a shock of -12.00%. The corporate delivered an EPS shock of -64.29%, with the consensus EPS estimate being $0.28.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s worth efficiency.
Right here is how TPG RE Finance Belief carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Curiosity Revenue: $24.68 million versus $28.21 million estimated by two analysts on common.
- Different revenue, web: $2.53 million versus $3.60 million estimated by two analysts on common.
- Whole different income: $10.06 million versus the two-analyst common estimate of $11.28 million.
- Income from actual property owned operations: $7.54 million versus $7.68 million estimated by two analysts on common.
View all Key Company Metrics for TPG RE Finance Trust here>>>
Shares of TPG RE Finance Belief have returned +2% over the previous month versus the Zacks S&P 500 composite’s +4.7% change. The inventory at present has a Zacks Rank #5 (Robust Promote), indicating that it might underperform the broader market within the close to time period.
Solely $1 to See All Zacks’ Buys and Sells
We’re not kidding.
A number of years in the past, we shocked our members by providing them 30-day entry to all our picks for the full sum of solely $1. No obligation to spend one other cent.
Hundreds have taken benefit of this chance. Hundreds didn’t – they thought there should be a catch. Sure, we do have a cause. We would like you to get acquainted with our portfolio providers like Shock Dealer, Shares Underneath $10, Know-how Innovators,and extra, that closed 256 positions with double- and triple-digit good points in 2024 alone.
TPG RE Finance Trust, Inc. (TRTX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
